Found: 81

Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs

... week: support from Wall Street’s positivity was balanced by local risks and cautious investor sentiments in Asia. Commodity Markets: Oil in Balance, Gold at Its Peak The energy market is characterized by a relative equilibrium in prices. A barrel of Brent oil is maintaining a narrow range of $67–$70, showing only slight fluctuations over the past month. By the end of the week, Brent quotes were around $69 per barrel, slightly above Monday’s levels. Prices are supported by progress in trade negotiations: ...

Эксперты прогнозируют снижение цен на нефть в 2025 году

... словам экспертов, будет дешеветь на фоне роста добычи в США и странах соглашения ОПЕК+ Сергей Терешкин, основатель и генеральный директор OPEN OIL MARKET : - В 2025 году средняя цена Brent будет ниже $70 за баррель. Ключевая добыча – рост добычи в странах, не участвующих в сделке ОПЕК+, в том числе в США, Бразилии, Гайане, Канаде ...

Monday, November 18, 2024: Key Economic Events of the Day

... +0.04%) Shanghai Composite Index: 3,372.18 (+41.45, +1.24%) Hang Seng Futures: 19,676.0 (+228.0, +1.17%) Nikkei 225 Futures: 38,265.0 (+205.0, +0.54%) Euro Stoxx 50 Futures: 4,810 (+5, +0.10%) S&P 500 Futures: 5,911.75 (+15.25, +0.26%) Commodities: Brent Oil: $71.39 per barrel (+$0.35, +0.49%) Natural Gas: $2.929 per MMBtu (+$0.106, +3.75%) Gold: $2,596.00 per ounce (+$25.90, +1.01%) Silver: $30.745 per ounce (+$0.313, +1.03%) Copper: $4.0865 per pound (+$0.0183, +0.45%) Iron Ore 62% Fe: $101.63 per ton ...

An expert predicted a rise in oil prices due to a reduction in production in Libya.

... the shortage on the global market, commercial oil and petroleum product stocks in OECD countries dropped by 28,000 barrels, which is almost 30% equivalent to the daily global demand. This, in turn, slightly boosted price growth: the average price of Brent oil increased from $82 to $85.3 per barrel from May to July 2024," added the CEO of Open Oil Market. He reminded that in August, oil prices fell below $80 per barrel. On one hand, the markets "adjusted" to OPEC+'s June decisions, where ...

The consequences of the drop in oil prices for Russia have become known.

... 2025 will be a drop in raw material prices. The OPEC+ alliance, at its most recent meeting last week, extended the validity of the current quotas until March 2025, but the markets did not react positively. Tereshkin noted that the price of benchmark Brent crude oil remains in the range of $72–$75 per barrel. Earlier, Igor Yushkov, an expert at the National Energy Security Fund and the Financial University under the Government of Russia, expressed the opinion that new U.S. sanctions against Russian oil could ...